HomeTechGovt to launch space & deep tech policies - The Times of...

Govt to launch space & deep tech policies – The Times of India

Chennai: In a bid to money in on the rising sectors, the government could be launching area tech, deep tech and round economic system insurance policies. It is going to even be drawing a roadmap for the inventive economic system.
Industries minister T R B Rajaa stated within the meeting on Friday that Tamil Nadu is a number one participant in vehicle manufacturing, textiles, heavy engineering, info know-how, electronics and {hardware} industries.“We’re additionally attracting main investments within the aerospace and defence sector now. To reinforce investments additional on this sector, we might be launching the area tech coverage. It is going to comprise the rules and imaginative and prescient for progress in area tech,” he stated.
The main focus of the round economic system funding promotion coverage might be on attracting investments and creating employment alternatives on this sector. The coverage will encourage investments in recycled worth added merchandise. Tamil Nadu can even come out with a roadmap for inventive economic system. A DPR to establish inventive sectors in design, arts, tradition and leisure segments could be launched and associated industries could be promoted.
The industries minister additionally introduced {that a} tourism funding promotion and facilitation cell might be established in Steering Tamil Nadu, the state govt’s nodal company for funding promotion.
Later, minister for info know-how and digital companies Palanivel Thiaga Rajan stated, Tamil Nadu Deep Tech Coverage could be launched this yr. The coverage goals at encouraging deep tech improvements and supporting deep tech startups, he added.

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Tamil Nadu to launch area tech and deep tech insurance policies, roadmap for inventive economic system
Tamil Nadu authorities’s new insurance policies goal various sectors for progress, together with area tech, round economic system, and data know-how. By attracting investments and selling innovation, the federal government goals to strengthen industries like vehicle manufacturing, textiles, and electronics whereas additionally specializing in tourism growth and deep tech startups.

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